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For Sale

The Patio Apartments

1200 Ortiz SE, Albuquerque, NM 87108

On behalf of the Owner, Deacon Property Services and NM Apartments Inc. are honored to bring this unique, updated 44 unit apartment complex to market. 5 separate buildings on 3 parcels featuring 40 1 bedroom apartments and 4 two bedroom apartments. All apartments feature private, secure courtyard space with bonus secure exterior storage. Two bedroom apartments boast large backyards in addition to secured courtyards. All buildings have been modernized and freshened with thermal windows and quality exterior updates. Master metered gas and electric are offset with a full Solar PV system (owned / transfer able) and some RUBS billback already implemented with groundwork in place for all apartments. Most of the apartments have been updated with contemporary fixtures & finishes & luxury vinyl plank flooring throughout.  Secured access / courtyard entry to all buildings and apartments with 47 off street parking spaces (2 carport) and 5 secure, on-site laundry rooms.

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Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Todd Clarke

New Mexico Apartment Advisors

Building Details

  • For Sale $3,965,358
  • Property Type Multi-Family
  • Property Size 25,104 SF
  • Units 44
  • Lot Size 1.48 Acre
  • Cap Rate % 6.65
  • Date Updated May 4, 2026

Getting Around

  • Walk Score ®

    Very Walkable (71)
  • Transit Score ®

    Some Transit (35)
  • Bike Score ®

    Very Bikeable (77)
Powered by Walk Score ®

Location

  • City Albuquerque, NM
  • Neighborhood South San Pedro
  • Zip Code 87108
  • Market Albuquerque

Points of Interest

Asia Train Station

4.66 miles

Bernalillo County/International Sunport

4.70 miles

Tingley Station

5.28 miles

Aquarium/Garden Station

5.75 miles

Montaño

5.75 miles

Los Ranchos/Journal Center

8.01 miles

Isleta Pueblo

9.50 miles

Gibson Food Mart

0.42 miles

Murphy Express

0.63 miles

Pump-N-Save

0.64 miles

Valero

0.84 miles

Circle K

1.00 miles

Government Fuels Distribution

1.04 miles

Fill-Up

1.07 miles

Tesla Supercharger

3.49 miles

ChargePoint

4.05 miles

Employee Lot J

0.68 miles

Recreational Storage

1.45 miles

Cell Phone Waiting Area

1.83 miles

Credit-card Lot

1.90 miles

RV Parking

1.99 miles

Allegiant

2.01 miles

Southwest

2.02 miles

Long-term parking

2.03 miles

Octopus Car Wash

0.95 miles

Rain Tunnel

1.70 miles

ROCKY MOUNTAIN CAR WASH

1.84 miles

Brite Shine Carwash

2.13 miles

ABQ Rental Car Center

2.74 miles

ACE Car Rental

2.80 miles

Budget

2.80 miles

Enterprise

2.81 miles

Avis

2.81 miles

DQ Grill & Chill

0.13 miles

Blake's Lotaburger

0.14 miles

Acapulco Tacos & Burritos

0.29 miles

Sonic

0.32 miles

Burger King

0.33 miles

McDonald's

0.33 miles

Twisters Burgers & Burritos

0.34 miles

Asian Grill

0.34 miles

Stripes & Burritos Co

0.34 miles

El Mezquite Market

0.87 miles

Bombay Spice

1.06 miles

Kirtland Commissary

1.37 miles

Nob Hill Body and Soul Center

1.39 miles

Kirtland Exchange

1.49 miles

La Montañita Co-op Nob Hill

1.60 miles

Sprouts Farmers Market

1.62 miles

Smith's

1.73 miles

La Montanita

2.33 miles

ABQ Health Partners Plastic Surgery

0.38 miles

Optum Urgent Care

0.40 miles

AMG

0.40 miles

Turquoise Lodge

0.41 miles

Haven

0.41 miles

Gibson Medical Center

0.43 miles

Fresenius Kidney Care

0.43 miles

Raymond G. Murphy VA Medical Center

0.64 miles

Albuquerque Police Department - Southeast Area Command

0.96 miles

1200 Ortiz SE Listing Summary

  • What is the asking price at The Patio Apartments?

    The Patio Apartments is currently listed for sale at Contact for pricing.

  • What is the total size of The Patio Apartments?

    The Patio Apartments has a total of 25,104 square feet.

Contact Listing Broker
broker
Todd Clarke

New Mexico Apartment Advisors

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